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Lemonade, Inc.

LMND
Exchange
NYSE
Industry
Fire, Marine & Casualty Insurance
SEC CIK
0001691421

In the last 90 days, Lemonade, Inc. insiders filed 0 open-market purchases and 6 sales; 339 institutions reported holding it in 13F filings for Q2 2026, worth $2.92B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Lemonade, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
354
+60 vs. Q3 2025
Shares held
44.4M
+326.9K (+0.7%) vs. Q3 2025
Total value
$3.16B
+$799.9M (+33.9%) vs. Q3 2025
New holders
101
115 more added
Sold out
41
88 more reduced

6 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting LMND on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 354 institutions
Q1 2021: 302 institutionsQ2 2021: 315 institutionsQ3 2021: 289 institutionsQ4 2021: 266 institutionsQ1 2022: 237 institutionsQ2 2022: 216 institutionsQ3 2022: 229 institutionsQ4 2022: 225 institutionsQ1 2023: 216 institutionsQ2 2023: 220 institutionsQ3 2023: 203 institutionsQ4 2023: 216 institutionsQ1 2024: 205 institutionsQ2 2024: 214 institutionsQ3 2024: 224 institutionsQ4 2024: 269 institutionsQ1 2025: 250 institutionsQ2 2025: 277 institutionsQ3 2025: 300 institutionsQ4 2025: 354 institutionsQ1 2026: 346 institutionsQ2 2026: 339 institutions
Value heldQ4 2025: $3.16B
Q1 2021: $2.94BQ2 2021: $3.58BQ3 2021: $2.37BQ4 2021: $1.54BQ1 2022: $876.3MQ2 2022: $606.8MQ3 2022: $739.4MQ4 2022: $494.9MQ1 2023: $513.2MQ2 2023: $639.3MQ3 2023: $435.7MQ4 2023: $627.5MQ1 2024: $656.0MQ2 2024: $686.1MQ3 2024: $677.2MQ4 2024: $1.60BQ1 2025: $1.38BQ2 2025: $1.97BQ3 2025: $2.36BQ4 2025: $3.16BQ1 2026: $2.70BQ2 2026: $2.92B
Institutions holding LMND and their total value by quarter
QuarterHoldersValue
Q2 2026339$2.92B
Q1 2026346$2.70B
Q4 2025354$3.16B
Q3 2025300$2.36B
Q2 2025277$1.97B
Q1 2025250$1.38B
Q4 2024269$1.60B
Q3 2024224$677.2M
Q2 2024214$686.1M
Q1 2024205$656.0M
Q4 2023216$627.5M
Q3 2023203$435.7M
Q2 2023220$639.3M
Q1 2023216$513.2M
Q4 2022225$494.9M
Q3 2022229$739.4M
Q2 2022216$606.8M
Q1 2022237$876.3M
Q4 2021266$1.54B
Q3 2021289$2.37B
Q2 2021315$3.58B
Q1 2021302$2.94B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Lemonade, Inc.; share changes are against Q3 2025.

Institutions holding LMND in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Inceptionr LLC4,282$304.8K0.08%−1,662−28.0%Reduced
Fearless Solutions, LLC dba Best Invest4,200$299.0K0.18%+400+10.5%Added
STRS Ohio4,200$299.0K0.00%+2,600+162.5%Added
Dynamic Technology Lab Private Ltd4,170$297.0K0.07%+4,170New
Worth Venture Partners, LLC4,042$287.7K2.08%−1,508−27.2%Reduced
Nisa Investment Advisors, LLC4,034$287.1K0.00%−3,165−44.0%Reduced
CIBC World Markets Corp4,008$285.3K0.00%+4,008New
Ascent Wealth Partners, LLC3,952$281.3K0.03%+3,952New
Neuberger Berman Group LLC3,854$274.3K0.00%+3,854New
Elm Partners Management LLC3,800$270.5K0.01%00.0%Unchanged
Oasis Advisors, LLC3,798$270.3K0.14%+3,798New
M&T Bank Corp3,775$269.1K0.00%+3,775New
Prudential Financial Inc3,735$265.9K0.00%−21,800−85.4%Reduced
TD Waterhouse Canada Inc.3,671$261.3K0.00%+121+3.4%Added
ARS Wealth Advisors Group, LLC3,640$259.1K0.02%+3,640New
Principal Financial Group Inc3,569$254.0K0.00%−692−16.2%Reduced
Truist Financial Corp3,568$254.0K0.00%+3,568New
GAMMA Investing LLC3,529$251.2K0.01%+236+7.2%Added
Mackenzie Financial Corp3,487$249.9K0.00%+3,487New
Evergreen Capital Management LLC3,350$238.5K0.01%+3,350New
Kingsview Wealth Management, LLC3,311$235.7K0.00%+3,311New
Victory Financial Group, LLC3,298$234.8K0.03%+3,298New
Optiver Holding B.V.3,283$233.7K0.00%+862+35.6%Added
Resources Investment Advisors, LLC.3,251$231.4K0.00%+3,251New
Conway Capital Management, Inc.3,225$229.6K0.10%+3,225New
Tower Research Capital LLC (TRC)3,198$227.6K0.01%−334−9.5%Reduced
R Squared Ltd3,196$227.5K0.11%+3,196New
Meridian Wealth Management, LLC3,172$225.8K0.01%+3,172New
Harbour Investments, Inc.3,162$225.1K0.00%+3,157+63,140.0%Added
TFB Advisors LLC3,162$225.1K0.06%+3,162New
Forum Financial Management, LP3,125$222.4K0.00%+3,125New
JustInvest LLC3,057$217.6K0.00%+3,057New
Swiss Life Asset Management Ltd3,016$214.7K0.00%+3,016New
Suncoast Equity Management3,000$213.5K0.02%+3,000New
Mangrove Partners2,981$212.2K0.02%+2,981New
Banco Santander, S.A.2,897$206.2K0.00%−1,938−40.1%Reduced
CWM, LLC2,882$205.0K0.00%+364+14.5%Added
CIBC World Markets Inc.2,819$200.7K0.00%+2,819New
Leonteq Securities AG2,814$200.3K0.01%−12,608−81.8%Reduced
US Bancorp2,571$183.0K0.00%+27+1.1%Added
Acadian Asset Management LLC2,487$177.0K0.00%+2,487New
IFP Advisors, Inc2,362$168.1K0.00%+1,350+133.4%Added
International Assets Investment Management, LLC2,154$153.3K0.01%+2,154New
Activest Wealth Management2,102$149.6K0.03%00.0%Unchanged
KBC Group NV2,070$147.0K0.00%+467+29.1%Added
Amalgamated Bank1,903$135.0K0.00%+116+6.5%Added
Union Bancaire Privee, UBP SA1,745$125.3K0.00%00.0%Unchanged
JTC Employer Solutions Trusteee Ltd2,500$124.0K0.01%+2,500New
Beaird Harris Wealth Management, LLC1,700$121.0K0.01%00.0%Unchanged
Global Retirement Partners, LLC1,596$113.6K0.00%+1,030+182.0%Added
Quest Partners LLC1,580$112.5K0.01%−179−10.2%Reduced
Larson Financial Group LLC1,574$112.0K0.00%+1,505+2,181.2%Added
Rockefeller Capital Management L.P.1,469$104.6K0.00%−1,289−46.7%Reduced
Steward Partners Investment Advisory, LLC1,360$96.8K0.00%−38−2.7%Reduced
Signaturefd, LLC1,249$88.9K0.00%−25−2.0%Reduced
Triumph Capital Management1,191$84.8K0.02%+1,191New
National Bank of Canada1,190$84.7K0.00%−61−4.9%Reduced
The PNC Financial Services Group, Inc.1,182$84.1K0.00%+436+58.4%Added
Nemes Rush Group LLC1,100$78.3K0.01%00.0%Unchanged
Asset Management One Co.,Ltd.1,029$73.4K0.00%−1,043−50.3%Reduced
TSFG, LLC1,028$73.0K0.01%+28+2.8%Added
Farther Finance Advisors, LLC1,024$72.9K0.00%+573+127.1%Added
Arbor Wealth Management LLC925$65.8K0.05%+925New
Macquarie Group Ltd891$63.4K0.00%+891New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.824$59.0K0.00%+307+59.4%Added
Strategic Advocates LLC610$43.8K0.01%−2−0.3%Reduced
DV Trading LLC600$42.7K0.00%+600New
Newbridge Financial Services Group, Inc.585$41.6K0.01%−1,160−66.5%Reduced
Strive Financial Group ,LLC532$37.9K0.02%+532New
Estabrook Capital Management500$35.6K0.01%00.0%Unchanged
Torren Management, LLC498$35.4K0.02%+498New
Northwestern Mutual Wealth Management Co470$33.5K0.00%+470New
Align Financial, LLC29,611$29.6K0.02%+29,611New
Smartleaf Asset Management LLC401$28.8K0.00%+37+10.2%Added
Sterling Capital Management LLC396$28.2K0.00%+261+193.3%Added
Quarry LP350$24.9K0.00%−307−46.7%Reduced
Capital Advisors, Ltd. LLC342$24.0K0.00%00.0%Unchanged
ORG Partners LLC323$23.0K0.00%+229+243.6%Added
Allworth Financial LP322$22.9K0.00%−100−23.7%Reduced
Flagship Harbor Advisors, LLC297$21.1K0.00%+297New
Parallel Advisors, LLC288$20.5K0.00%+58+25.2%Added
Heritage Wealth Advisors274$19.5K0.00%00.0%Unchanged
Mirae Asset Global Investments Co., Ltd.266$18.9K0.00%+45+20.4%Added
CIBC Private Wealth Group, LLC256$18.2K0.00%00.0%Unchanged
Clearstead Advisors, LLC251$17.9K0.00%00.0%Unchanged
Comerica Bank237$16.9K0.00%00.0%Unchanged
Kemnay Advisory Services Inc.225$16.0K0.00%+225New
Root Financial Partners, LLC208$14.8K0.00%−15−6.7%Reduced
Danske Bank A/S200$14.2K0.00%+200New
Rakuten Securities, Inc.196$14.0K0.00%+196New
Kilter Group LLC188$13.4K0.01%−38−16.8%Reduced
Bessemer Group Inc154$11.0K0.00%00.0%Unchanged
Archer Investment Corp143$10.2K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC136$9.68K0.00%−60−30.6%Reduced
Versant Capital Management, Inc132$9.40K0.00%−43−24.6%Reduced
Dogwood Wealth Management LLC129$9.18K0.00%00.0%Unchanged
MAI Capital Management120$8.54K0.00%−20−14.3%Reduced
Costello Asset Management, INC120$8.54K0.00%+120New
Private Wealth Management Group, LLC118$8.40K0.00%00.0%Unchanged
Sound Income Strategies, LLC100$7.94K0.00%00.0%Unchanged